Zakk Wang, Product Manager of OKX Wallet: X Layer has progressed to its third phase, and the incentive fund will be implemented in the future.

PANews reported on January 24 that Zakk Wang, product manager of OKX Wallet, stated at the OKX New Year's Eve dinner event that X Layer is an important cornerstone for OKX Web3's continued progress and needs to fulfill its historical responsibility.

The construction of X Layer will proceed in three steps: The first step is to solidify the underlying technology to ensure high performance, stability, and low cost over a long period, with transaction gas being virtually free and TPS and block generation speed remaining at a high level; the second step is infrastructure, DeFi, and asset development. While introducing Uniswap, priority will be given to building a stable and robust Swap and DeFi system, continuously improving on-chain TVL, supporting high-frequency and common use cases such as staking, avoiding ecosystem homogenization, and improving payment infrastructure, including card and X402 capabilities. All related construction will revolve around X Layer; currently, the overall project has progressed to the third phase, and OKX will begin to implement the previously announced incentive funds, starting with an X Layer hackathon for the community and universities to promote the implementation of more projects that truly contribute to the development of the industry.